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Worcester 01603 Hadwen Park
5 Royal Rd
$395,000
● House - Off Market

5 Royal Rd

Worcester, MA 01603
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,823 Ft²
$408,441
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

10/30/22 OPEN HOUSE CANCELED. Newly renovated easy access sprawling home with updated kitchen, custom cabinetry, granite countertops, and stainless steel appliances. The first floor includes a living room, dining room, two large-sized bedrooms & two full baths including a master bedroom with an ensuite full bath and walk-in closet! Huge, bonus-finished lower level to use as a media room/extra office space!  1-car garage and a spacious yard with a large deck for family gatherings! The floor plan gives you a perfect canvas for convenient living. Situated on a quiet street just minutes from I-290. Nothing left to be done here!
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$211
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73053286)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Oct 29, 2022 In contract -
In contract
Oct 28, 2022 Listed by Vezuli Realty Group, LLC $385,000
Listed by Vezuli Realty Group, LLC
Jul 21, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by Vezuli Realty Group, LLC $279,900
Listed by Vezuli Realty Group, LLC
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,248
  • Gross Building Area: 2,756
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 733101

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 27-013-00003
  • Parcel: WORC M:27 B:013 L:00003
  • Block: 13
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.2307
  • Longitude: -71.8381

    Address

  • Full Address: 5 Royal Rd
  • Address - House Number: 5
  • Address - Street Name: Royal
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1939
  • Zip Code: 01603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,500

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 415,116
  • High Value: 487,171
  • Low Value: 343,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,400
  • Assessed Land Value: $84,800
  • Assessed Improvements Value: $219,600

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127891
  • Previous Sale Recording Date: Jul 21, 2022
  • Previous Sale Contract Date: May 25, 2022
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hadwen Park

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1819 ft²

Average Home Age

73.1 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73053286

Frequently Asked Questions

When was property at 5 Royal Road built and last sold?
The property at 5 Royal Road was built in 1987 and last sold on Dec 1, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 5 Royal Road is $392,072.
What are some comparable homes to 5 Royal Road?
There are currently no comparable homes to 5 Royal Road.
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